Page 450 - Reuters%20/undefined

US sends warship through Taiwan Strait weeks before Lai takes office

The latest mission's timing was extra sensitive, given it took place ahead of the May 20 inauguration of Taiwan President-elect Lai Ching-te, a man who China says is a dangerous separatist

Paramount Global in talks to open its books to Sony Pictures and Apollo

A special committee of Paramount's board that is evaluating the company's options allowed an exclusivity period to lapse in its deal discussions with Skydance last week

Consumer price inflation likely slipped in April, food inflation sticky

V Anantha Nageswaran, the government's chief economic adviser, said on Wednesday the Indian economy was better placed than before to pursue 'non-inflationary' growth

BoE likely to move closer to first rate cut since 2020 as inflation falls

The big question for investors is whether the BoE suggests that a cut could come in June - when the European Central Bank has already signalled it will reduce borrowing costs

Job market squeeze in UK eases in April, permanent hiring down: Survey

For months the REC survey has painted a weak picture on hiring and pay for newly employed workers that has mostly not carried over to official measures of the broader labour market

Disney, Warner Bros to start streaming bundle of Disney+, Hulu and Max

Customers will be able to sign up on any of the three individual websites and chose from an ad-free or ad-supported plan. No prices were disclosed

Will not compromise further with Israel to win Gaza ceasefire: Hamas

Izzat El-Reshiq, a member of Hamas' political office in Qatar, said in a statement late on Wednesday that the group would not go beyond a ceasefire proposal

US may ban Chinese connected vehicles or impose restrictions: Raimondo

The White House said in February the Commerce probe was being opened because vehicles "collect large amounts of sensitive data on their drivers and passengers

RBI asks NBFCs to stick to gold loan cash payout cap of Rs 20,000

Retail credit in India has been growing at a rapid clip, with loans against gold rising threefold over the last four years

FTSE 100 hits record high, pound slips ahead of BoE interest rate verdict

The blue-chip FTSE 100 ended the session up 0.5%, notching a record high of 20,491.99 points

Decision on resumption of sugar exports months away, says food secy

"It is still early days," Sanjeev Chopra, India's Secretary of Food and Public Distribution, told reporters on the sidelines of the Citi ISO Datagro Sugar Conference in New York

US eyes restrictions on China's access to AI behind apps like ChatGPT

Government and private sector researchers worry U.S. adversaries could use the models, which mine vast amounts of text and images to summarize information and generate content

Amazon Web Services breaks into Europe 5G networks with Telefonica deal

Telefonica first worked with AWS and Ericsson, and then swapped to Nokia and AWS, Rao said. 'The days of trial are over

FTX files new reorganisation plan, expects $14 bn-$16 bn for distribution

The company said the amended plan focuses on a series of settlements reached consensually with the key stakeholders including cases that are still subject to court approval

Piramal Enterprises Q4 results: PAT at Rs 137 cr on AIF provisions reversal

The company had posted a loss of Rs 2,378 crore in the December quarter when it had set aside Rs 3,540 crore for such provisions

Westlife Foodworld Q4 results: Profit after tax declines 96% to Rs 76 lakh

The franchisee said consolidated profit after tax fell to 7.6 million rupees ($91,012.8) for the January-March quarter from 200.9 million rupees a year earlier

Revenue in FY25 to grow around 15%, tensions in West Asia a factor: L&T CFO

Given the variety and scale of orders it receives, L&T's results are often seen as a bellwether for capital expenditure in the Indian economy

RBI meets stakeholders to discuss strategies to widen scope, reach of UPI

UPI transaction volumes rose 54% in March, as compared to 60% a year ago

Consumer price inflation likely to eased at 4.8% in April: Reuters poll

While headline inflation has moderated in recent months, food prices, which account for nearly half the consumer price index (CPI) basket, have remained elevated, squeezing household budgets

Rockwell Automation to expand in India with more factories, tech workers

The industrial automation equipment maker, which completed 40 years in India in 2023, counts many manufacturing giants, including Reliance Industries, Mahindra Group and MRF, as its customers